Since the US manufacturing sector is unofficially in a recession, and since the US service sector is allegedly growing like gangbusters, we are updating our favorite chart showing the bifurcation in the New Abnormal US economy: the job gains by U.S. manufacturing workers on one hand, and by waiters and bartenders on the other.
Here is the cumulative job gains for manufacturers vs waiters and bartenders in the past 12 months…
… and since December 2007.
May the minimum wage waiter and bartender recovery live long and continue to prosper.
via Zero Hedge http://ift.tt/1UQJtJA Tyler Durden